If the investment demand curve is vertical–

(A) both monetary and fiscal policy are ineffective
(B) both monetary and fiscal policy are effective
(C) monetary policy is effective but fiscal policy is ineffective
(D) monetary policy is ineffective but fiscal policy is effective

Anurag Mishra Professor Asked on 14th July 2016 in Commerce.
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Answer: (D) monetary policy is ineffective but fiscal policy is effective 

Anurag Mishra Professor Answered on 14th July 2016.
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